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Gold/Mining/Energy : GEAC.....Canadian best kept secret

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To: micromike who wrote (917)11/16/1999 1:33:00 AM
From: Sultan   of 1571
 
Run rate simply means total revenue for the year, typically extrapolated from the latest qtrly revenue. At least that is how I use it.. My question here had to do with GEAC + JBA revenue, projected for the year... If any one had a ready number....

I agree about analysts being a bit pissed. I was listening to some guy on a week end show and he did imply that GEAC might be a dead money for a while because of JBA related charges that came as a bit of surprise. Longer term he was bullish.

However, if the technology sector continues to be strong and based on CEO comment re. 30% growth rate into next year, this stock should recover rather quickly. They are generating enormous amount of cash and sooner or later they will list on nasdaq or nyse...

No matter how you slice it, the price will go up from here. High in 1998 was around 65, I think.. I predict we will break that in 2000 but I'd settle for an easy double...
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